Every week we expect many interesting events that can shake the market.
China November factory surge slows to 5-month minimum
In November, China's manufacturing activity edged up at the weakest pace for five months because input costs were still high, while tougher pollution measures put pressure on business confidence, as a private poll disclosed on Friday.
The Caixin/Markit Manufacturing Purchasing Manager's Index headed south to 50.8 from October’s 51.0, although it was approximately in line with experts’ expectations for a mere sag to 50.9.
While the index was still above the 50-point mark, dividing surge from contraction on a monthly basis, it turned to be the weakest outcome since June. It indicated just a minor improvement in operating conditions.
Output as well as new orders edged up modestly, input costs kept soaring abruptly, suppressing revenue margins. Chinese companies were capable of passing along moderately more of the price leaps to their clients, although still had to cut staff at the fastest tempo for three months to diminish costs.
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.